Featured Articles

Broadwell to be faster than Skylake-S in desktop

Broadwell to be faster than Skylake-S in desktop

Intel will do something that it never did before. It will release two processor generations at once in the desktop space.…

More...
ARM’s signs off on 64 bit ARMv8-A

ARM’s signs off on 64 bit ARMv8-A

British chip designer ARM has just signed off its 50th licensing agreement for its ARMv8-A technology, which includes support for 64-bit…

More...
Intel Business vPro market divided into 7 categories

Intel Business vPro market divided into 7 categories

Just a few years ago we had two market segments for business users. We had desktops and notebooks and now Intel…

More...
GTA 5 will make November release

GTA 5 will make November release

While we have continued to hear that Grand Theft Auto V for the Xbox One, PlayStation 4, and PC will not…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 03 January 2013 10:47

Chinese companies invest in Israeli technology

Written by Nick Farrell



Got any white phosphorous?


Top Chinese companies are investing in Israeli technology to help boost their growth and development.

A delegation of senior Chinese business leaders visited Israel last month in search of opportunities. They were so keen on investing that they ignored rockets that fell in the commercial centre while they were there. The delegation, led by Ronnie Chan from Hang Lung Group, included the heads of Lenovo Group, China's top grains trader COFCO, investment banking and private equity firm Hina Group, China Merchants Bank and JP Morgan Chase in China.

Chan told the local press that many technologies from companies such as Google and Intel originated in Israel, and Chinese companies would like to set up something similar. Lenovo only runs a sales and support operation in Israel, but the company bought the venture capital outfit Vertex. Lenovo needs mobile technology which is being developed in Israel.

So far the Chinese have invested $3 billion in Israeli companies. Catalyst Partners is establishing a $100 million China-Israel technology fund that is expected to close in the first half of 2013. Cukierman hopes to eventually reach $200 million.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments